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Commerzbank Brazil

Commerzbank has expanded its international presence by a subsidiary in Brazil. Commerzbank Brasil S.A. – Banco Múltiplo is located in the financial and business metropolis of São Paulo. With this step towards further internationalisation, Commerzbank is going where it is needed by its customers.

Largest location of German industrial companies

With the opening of its Brazilian subsidiary, the Commerzbank is now also offering its proven support model in corporate banking, which has been successful worldwide, in the strongest economy in Latin America. From the megalopolis São Paulo it will support both European companies active in Brazil and international companies on their way to Europe.

Brazil’s importance is shown by the following figures: One fifth of Brazilian exports flows to the European Union (EU). In turn, Brazil is in 10th place for exports from the EU. Germany is Brazil’s fourth largest trading partner, directly behind China, the USA and Argentina. Brazil is one of the most important trading parters for SMEs – especially from the mechanical engineering, automotive and chemicals sectors.

Furthermore, around 1,300 German companies are represented in Brazil, most of them in Greater São Paulo, the largest location for German industrial companies outside the Federal Republic.

Strategic finance partner for European companies in Brazil

Due to the increasing consolidation of the Brazilian banking market and the departure of some international banks from the classic corporate banking business locally, many companies are looking for a strategic finance partner. Commerzbank Brasil S.A. – Banco Múltiplo covers precisely this need.

Hardly any other bank in Brazil has such close relationships with German and European companies – and it knows the financing needs of typical SMEs from Europe.